Bitcoin has climbed above $85,000, with ETF inflows and growing use of the cryptocurrency in cross border trade helping drive renewed demand.
Oz Sultan of Sultan Interactive Group says Bitcoin could move towards $90,000 as shifting currency dynamics provide further momentum.
However, he warns the rally remains closely tied to geopolitical developments and uncertainty across the global economy.
Sultan says investors should remain cautious as changing economic conditions and geopolitical risks continue to influence the digital asset market.